As per the data released by the Reserve Bank of India, India's services exports declined 1.5% to US$ 13.38 billion in August 2016 over August 2015. On the other hand, India's services imports moved up 3.6% to US$ 8.05 billion in August 2016.

India's services trade surplus narrowed 8.3% to US$ 5.33 billion in August 2016 from US$ 5.81 billion in August 2015.